As three U.S. banks failed in a matter of days, overnight, banking stocks recovered and bonds and interest rate futures gave back some of the significant gains they had made.
Reliance has acquired Metro's India business for Rs 2,850 crore.
Import of coal needed to meet peak power demand.
The offer will result in 41% recovery for financial creditors of JBF.
Credit rating reaffirmed after Axis acquires Citibank's India consumer business.
Africa Capitalworks SSA 3 is the buyer.
The offer comprises fresh issue of equity shares 119.28 crore and an offer for sale by promoters of up to 2,550,000 equity shares.
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